HKG:2146 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	488.63	529.39	583.6	678.63	851.48	929.25
Short-Term Investments	-	-	-	-	-	1.4
Trading Asset Securities	-	-	-	-	-	537.57
Cash & Short-Term Investments	488.63	529.39	583.6	678.63	851.48	1,468
Cash Growth	-4.96%	-9.29%	-14.00%	-20.30%	-42.01%	142.73%
Accounts Receivable	2,058	1,990	2,145	2,122	2,037	1,618
Other Receivables	529.97	476.42	576.76	790.99	698.5	268.47
Receivables	2,588	2,466	2,722	2,913	2,735	1,887
Inventory	784.32	741.59	339.14	54.76	46.31	40.3
Prepaid Expenses	-	0.03	0.01	0.03	0.02	-
Other Current Assets	174.74	179.87	132.72	164.65	95.41	119.2
Total Current Assets	4,036	3,917	3,777	3,811	3,728	3,515
Property, Plant & Equipment	27.18	35.52	50.88	39.36	49.42	20.99
Long-Term Investments	95.21	95.23	103.7	104.13	101.64	103.48
Goodwill	2.15	2.15	-	-	-	-
Other Intangible Assets	5.83	6.33	8.11	10.57	6.28	7.84
Long-Term Accounts Receivable	0.31	3.24	4.89	6.03	7.04	8.1
Long-Term Deferred Tax Assets	184.08	169.57	148.02	109.86	81.79	44.83
Long-Term Deferred Charges	-	12.38	11.59	14.03	13.72	11.46
Other Long-Term Assets	76.4	68.71	69.66	58.91	64.44	61.33
Total Assets	4,427	4,310	4,174	4,154	4,053	3,773

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	51.77	509.06	540.48	696.24	661.38	571.68
Accrued Expenses	834.14	430.26	423.48	353.19	431.1	277.04
Short-Term Debt	3	3	3	2	-	-
Current Portion of Long-Term Debt	-	-	-	1.11	3.61	-
Current Portion of Leases	1.61	10.29	10.25	3.5	20.69	3.83
Current Income Taxes Payable	115.53	68.75	60.62	75.95	64.65	65.16
Current Unearned Revenue	492.23	494.57	449.59	395.69	335.45	424.81
Other Current Liabilities	517.61	452.71	454.52	515.34	418.11	450.7
Total Current Liabilities	2,016	1,969	1,942	2,043	1,935	1,793
Long-Term Debt	-	-	-	-	1.11	-
Long-Term Leases	4.65	4.2	14.36	11.08	9.32	9.09
Long-Term Deferred Tax Liabilities	5.35	6.95	9.86	7.01	7.9	3.93
Other Long-Term Liabilities	-	-	-	-	0.03	-
Total Liabilities	2,026	1,980	1,966	2,061	1,953	1,806

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	376	376	376	376	376	376
Additional Paid-In Capital	907.08	907.15	906.05	906.05	956.19	1,002
Retained Earnings	1,010	939.99	827.38	713.57	681.34	519.67
Comprehensive Income & Other	78.58	78.58	78.58	78.58	76.88	69.51
Total Common Equity	2,372	2,302	2,188	2,074	2,090	1,967
Minority Interest	29.33	28.56	19.92	18.92	8.99	-0.32
Shareholders' Equity	2,401	2,330	2,208	2,093	2,099	1,966
Total Liabilities & Equity	4,427	4,310	4,174	4,154	4,053	3,773

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	9.27	17.49	27.61	17.69	34.73	12.92
Net Cash (Debt)	479.37	511.9	555.98	660.94	816.76	1,455
Net Cash Growth	-2.52%	-7.93%	-15.88%	-19.08%	-43.88%	146.80%
Net Cash Per Share	1.28	1.36	1.47	1.78	2.16	3.87
Filing Date Shares Outstanding	376	376	376	376	376	376
Total Common Shares Outstanding	376	376	376	376	376	376
Working Capital	2,020	1,948	1,835	1,768	1,793	1,721
Book Value Per Share	6.31	6.12	5.82	5.52	5.56	5.23
Tangible Book Value	2,364	2,293	2,180	2,064	2,084	1,959
Tangible Book Value Per Share	6.29	6.10	5.80	5.49	5.54	5.21
Machinery	-	82.8	82.56	76.64	69.79	36.75
Construction In Progress	-	-	-	0.44	-	-